Tower Semiconductor (Tower Semiconductor) Change In Payables And Accrued Expense : $-20 Mil (TTM As of Mar. 2024)

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What is Tower Semiconductor Change In Payables And Accrued Expense?

Tower Semiconductor's Change In Payables And Accrued Expense for the quarter that ended in Mar. 2024 was $33 Mil. It means Tower Semiconductor's Accounts Payable & Accrued Expense increased by $33 Mil from Dec. 2023 to Mar. 2024 .

Tower Semiconductor's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2023 was $-8 Mil. It means Tower Semiconductor's Accounts Payable & Accrued Expense declined by $8 Mil from Dec. 2022 to Dec. 2023 .

Tower Semiconductor Change In Payables And Accrued Expense Historical Data

The historical data trend for Tower Semiconductor's Change In Payables And Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tower Semiconductor Change In Payables And Accrued Expense Chart

Tower Semiconductor Annual Data

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Dec23

Change In Payables And Accrued Expense

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-0.34

-18.58

-25.00

-20.89

-8.25

Tower Semiconductor Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															44.54	-24.71	-58.11	30.02	32.56

Tower Semiconductor Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20 Mil.

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Tower Semiconductor (Tower Semiconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tower Semiconductor Ltd (NAS:TSEM) » Definitions » Change In Payables And Accrued Expense

Comparable Companies

Traded in Other Exchanges

TSEM:Israel TOW:Germany

Address

20 Shaul Amor Avenue, P.O. Box 619, Ramat Gavriel Industrial Park, Migdal Haemek, ISR, 2310502

Website

https://www.towersemi.com

Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.